Shopping for best mortgage interest rate in Garden Bay is easier once you have educated yourself about your needs and mortgage products that can work for you. The usual place to start is with your current bank in Garden Bay. Be sure to get any interest rate offers in writing. Keep in mind that when dealing with a bank in Garden Bay, you only deal with one lender in Garden Bay.

The services of a Garden Bay mortgage broker will help you find the best mortgage rate. A knowledgeable Garden Bay mortgage broker will usually get you a better mortgage rate in Garden Bay than you could on your own. Remember that a mortgage broker is not limited to dealing with one or two lenders. Garden Bay mortgage brokers can deal directly with almost all the lenders in the lending industry to find you the best available mortgage in Garden Bay.

Mortgage Brokers in Garden Bay usually don't charge any fee for residential mortgages. Make sure you not only get the good interest rate but also get your mortgage on great terms. Get a rate hold (lock your rate) for 90 days if you are shopping for a home. Ask about pre-payment penalities. Learn about variable rate and fixed rate mortgage options. Try to save appraisal fees.

Besides the Banks in Garden Bay (Royal Bank, Td Bank, Bank of Montreal, CIBC, Scotiabank or Bank of Nova Scotia) there are several other lenders in Garden Bay like ING Direct, PC Financial, MCAP, Maple Trust, Citizens Bank, HSBC, etc. Your Garden Bay mortgage broker may deal with many many more lenders.